The project Rue du coli by Raizers

Review of the project Rue du coli by Raizers

Review's score :

This review is proposed by Damien Cuyala on 19/01/2024

⏰ The project starts on 23/01/2024 14h00
⏱ The duration of the project is
💼 Minimum amount to invest is 1000€

🤖 Review's summary

Analysis of Rue du Coli project at Raizers

The Rue du Coli project, analyzed by Damien Cuyala, is a property investment project seeking funding for the acquisition and renovation of a house located at 9 Rue du Coli, Wasquehal, France. The goal is to renovate the property and convert the attic into living space.

Strengths:

High yield: The project offers a high return on investment.
Above-average yield: The yield is higher than the average yield of previous projects at Raizers.
Operator's commitment: The operator has a high level of commitment to the project.
Location: The property is located in Wasquehal, a suburb of Roubaix, with amenities such as airports, train stations, schools, shops, and hospitals nearby.
Realistic selling price estimate: The estimated selling price is in line with the local market.
Property condition: The property will be fully renovated, including the conversion of the attic.

Weaknesses:

Loan to Acquisition (LTA) ratio is high at 125%.
Loan to Sale (LTS) ratio is low at 67%.
Loan to Construction Cost (LTC) ratio is 297%.
Lack of financial information: There is no information available about the financial statements of the company involved in the project.
No pre-commercialization has been done.
Price decrease in the city: Property prices in Wasquehal have decreased by 4% over the past year.
Obtained but unconfirmed planning permission.
Inexperienced project sponsor.

Opinion:

Overall, the Rue du Coli project at Raizers seems to have good potential. The high yield and the operator's commitment are promising. Although there are some weaknesses, such as the high LTA ratio and the lack of financial information, these factors seem minor compared to the positive aspects of the project. The location of the property is favorable, with amenities and a nearby large city. The realistic selling price estimate and the planned renovation of the property also add to its attractiveness. However, caution should be exercised regarding the planning permission and the experience of the project sponsor. Considering the potential returns and the positive aspects of the project, it could be a worthwhile investment opportunity.

Disclaimer: This analysis is based on the information provided and is subject to change. It is important to conduct further research and due diligence before making any investment decisions.

Historial rates of return Raizers

Investor votes results for the project: Rue du coli

41 voters
👎46% 👍7% 🤷22% 🏳️24%
To vote :

Damien Cuyala
Damien, 41 years old, I am a business manager in nuclear valves, I also have a company in the distribution of everyday products in short circuits with the credo of "made in France". I started at a young age to learn how to invest in the stock market in dividend stocks, ETFs, and from 2021 on small cap equity strategies, and recently I have been learning about options. In June 2022, I started real estate crowdfunding and I have invested a little over 73 Keuros since then, my investments are distributed across the following platforms: ClubFunding, Raizers, La Première Brique, Upstone, Baltis. I attach great importance to spending time analyzing each project before making the best decision for my investments. Finally, I also have investments in crowdlending, mainly on Lendermarket to diversify my assets as much as possible.